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Using Patent Development, Education Policy and Research and Development Expenditure Policy to Increase Technological Competitiveness of Small European Union Member States

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  • Ferraro Simona
  • Dutt Pawan Kumar
  • Kerikmäe Tanel

Abstract

The Chinese Belt and Road Initiative will open new trade routes between China and the European Union (EU) and increase competition pressures on smaller EU member states. This article ranks where states like Estonia stand internationally in terms of innovativeness (and consequent competitiveness) by conducting an econometric study of patent development, education policy and research and development (R&D) expenditure policy. The authors claim that small member states such as Estonia should follow the example of countries such as Germany and adopt policies which focus more on increased public spending on R&D and innovation in public universities of science and technology, and raise support for high tech startups with a strong focus on international patenting. Member States must go further and subsidise R&D activities by focusing, inter alia, on filing of foreign patents such as triadic patents.

Suggested Citation

  • Ferraro Simona & Dutt Pawan Kumar & Kerikmäe Tanel, 2017. "Using Patent Development, Education Policy and Research and Development Expenditure Policy to Increase Technological Competitiveness of Small European Union Member States," Croatian International Relations Review, Sciendo, vol. 23(78), pages 97-126, August.
    • Handle: RePEc:vrs:cinrer:v:23:y:2017:i:78:p:97-126:n:6
    DOI: 10.1515/cirr-2017-0009
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    References listed on IDEAS

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    Cited by:

    1. Dutt Pawan & Ferraro Simona & Chochia Archil & Muljar Ramona, 2018. "Using Patent Development, Education Policy and Research and Development Expenditure Policy to Understand Differences between Countries: The Case of Estonia and Finland," TalTech Journal of European Studies, Sciendo, vol. 8(1), pages 123-153, June.
    2. Charaia Vakhtang & Chochia Archil & Lashkhi Mariam, 2018. "The Caucasus 3 Plus the Baltic 3 and Economic Cooperation with China," TalTech Journal of European Studies, Sciendo, vol. 8(2), pages 44-64, September.
    3. Sinisalo Touko Johannes, 2018. ".eu regulations under Brexit," TalTech Journal of European Studies, Sciendo, vol. 8(2), pages 121-144, September.
    4. Weresa Marzenna Anna, 2019. "Technological competitiveness of the EU member states in the era of the fourth industrial revolution," Economics and Business Review, Sciendo, vol. 5(3), pages 50-71, September.

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